Eve emerges from EmbraerX as independent eVTOL developer

After four years of development within EmbraerX the Eve urban air mobility project has been spun out into its own independent company. Head of strategy Andre Stein leads on as chief executive.

Eve Urban Air Mobility Solutions, Inc. has been launched as an independent company dedicated to developing a full portfolio of solutions, including the progression and certification of the company's electric vertical takeoff and landing vehicle, the associated comprehensive services and support network, and the creation of urban air traffic management solutions. Andre Stein, former head of strategy for EmbraerX, has been appointed CEO of Eve.

"We value the vast potential of the UAM market, as it represents a new business segment in which we foresee significant opportunities for Embraer. Innovation and diversification are key pillars of Embraer's new strategic plan, which will increase revenue and improve profitability over the next few years," says Francisco Gomes Neto, President and CEO of Embraer. "That is why I am eager to announce Eve, the first company to graduate from EmbraerX. Eve stands primed to create a new frontier in transportation with intelligent, environmentally friendly, autonomous-ready aircraft and the associated ubiquitous support and urban air traffic management solutions."

As part of the company's initiative to accelerate the UAM revolution, EmbraerX has been part of the Uber Elevate Network since its inception in 2017.

"Eve's launch is an important next step in commercialising Embraer's eVTOL designs while building on Embraer's ability to design, certify, and deliver safe, globally-accepted aircraft. We look forward to our continued partnership to make aerial ridesharing a reality," says Eric Allison, Head of Uber Elevate.

Eve says that its human-centered eVTOL design represents a certifiable product development, as evidenced by the first flight of the engineering simulator in July 2020, and the company is harnessing the expertise of both Embraer and Atech, a subsidiary of the Embraer Group, in providing air traffic management software to create the solutions that will help safely scale the UAM industry.